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Iran, Pakistan Reach Gas Pipeline Deal - ASHARQ AL-AWSAT English Archive
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TEHRAN, Iran,(AP) – Iran and Pakistan have reached a deal to build a multi-billion-dollar pipeline to transport natural gas between the two countries, Iranian state television reported Saturday.

The United States opposes the project because it fears it will weaken efforts to isolate Iran, which it accuses of running a clandestine nuclear weapons program.

The pipeline is expected to run 1,625 miles from Iran to Pakistan and should carry 150 million 5.2 billion cubic feet of gas a day.

“The text of the Peace Pipeline contract has been finalized,” state TV quoted Iran’s deputy minister in charge of the project, Hojatollah Ganimifard, as saying.

The contract will be formally signed next month, the TV station said.

India was viewed as a potential party to the deal, but has for now stayed away from the contract.

The project took considerable time to get off the ground, mainly because of Indian concerns for the safety of portions of the pipeline that will run through neighboring Pakistan.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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